On September 2, Al-Kornet al-Kata'ibi (KSS — affiliated), Al-Ahad TV (AAH — official), Watan TV (Badr Organization — affiliated) and Al-Nujaba TV (Nujaba — official) reported Central Bank guardianship over Al-Taif Islamic Bank. The displayed order says serious violations affected the bank’s financial position and depositors’ funds, appoints Imad Muhammad Hamad as supervisor and sets an 18-month term. Visual review of the copy carried by Al-Nujaba TV appears to show a September 4, 2022 date, so the supplied evidence does not establish that the order was newly issued or remains in force.
- Al-Kornet al-Kata'ibiKSS — affiliated02 Sept, 17:44
“The Central Bank imposes guardianship over Al-Taif Islamic Bank because of “serious violations.””
البنك المركزي يفرض الوصاية على "مصرف الطيف الإسلامي" لوجود "مخالفات جسيمة"
- Al-Ahad TVAAH — official02 Sept, 17:52
“The Central Bank announces the imposition of guardianship over Al-Taif Islamic Bank for 18 months.”
البنك المركزي يعلن فرض الوصاية على مصرف الطيف الاسلامي لمدة 18 شهراً
- Watan TVBadr Organization — affiliated02 Sept, 17:56
“The Central Bank imposes guardianship over Al-Taif Islamic Bank because of violations.”
البنك المركزي يفرض الوصاية على "مصرف الطيف الإسلامي" لوجود مخالفات
- Al-Nujaba TVNujaba — official02 Sept, 18:18
“The Central Bank imposes guardianship over Al-Taif Islamic Bank because of “serious violations.””
البنك المركزي يفرض الوصاية على "مصرف الطيف الإسلامي" لوجود "مخالفات جسيمة"